This overlay indicator draws an on-chart depth-of-market table that splits volume at each price tick into estimated buy volume, sell volume, delta, and session volume.
1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Growing text bars compare buyers and sellers, and recent bars approximate resting bid and ask depth. Standard-deviation thresholds flag outlier and extreme pressure, and a dashed Point of Control marks the heaviest node on the candles. A time-and-sales tape lists direction, time, price, and size, highlighting large prints. Tick size, lookback or session mode, visible levels, table side, and tape filters are adjustable. Buy and sell splits come from bar range, not true order prints.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Tick Size (points per level)
float
0.25
tickSize
Lookback Bars (SVP / VPB / VPS / VPD)
int
1500
lookback
Visible DOM Levels
int
40
numLevels
Table Position
string
Right
tablePos
Recent Bid/Ask Bars (proxy for resting depth)
int
8
recentBars
Outlier Threshold (x StdDev)
float
2.0
outlierMult
Extreme Outlier Threshold (x StdDev)
float
3.5
extremeMult
Session Only Mode (ON = current session, OFF = historical lookback)
bool
false
realtimeMode
Show Time & Sales Tape
bool
true
showTape
Max Tape Rows
int
25
tapeRows
Min Size Filter (0 = all)
float
0.0
tapeMinSize
Large Order Highlight Threshold
float
1000.0
tapeLargeSize
Show all 22 settings
Setting
Type
Default
Variable
Max Bar Width (chars)
int
10
barMaxWidth
Buy (VPB) Color
color
color.rgb(50, 130, 220)
buyColor
Sell (VPS) Color
color
color.rgb(220, 60, 60)
sellColor
SVP Color
color
color.rgb(130, 130, 130)
svpColor
Bid Col Text
color
color.rgb(40, 110, 200)
bidColor
Ask Col Text
color
color.rgb(210, 70, 70)
askColor
Outlier Buy Color
color
color.rgb(100, 220, 255)
outlierBuyColor
Outlier Sell Color
color
color.rgb(255, 130, 130)
outlierSellColor
Extreme Buy Highlight
color
color.rgb(200, 255, 255)
extremeBuyColor
Extreme Sell Highlight
color
color.rgb(255, 210, 210)
extremeSellColor
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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